Sarah ChenGeneral
Thailand Pivots Tourism Strategy to Target High-Value Visitors
The government’s push for quality over quantity comes as international arrivals struggle to return to pre-Covid benchmarks.
Tag
Department Stores
Every story tagged Department Stores on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.
Stories tagged Department Stores
52 stories in this topic
Wei ZhangFashion
Myer Slips to $276.5 Million Annual Loss on Heavy Store and Brand Write-Downs
A $279.6 million non-cash impairment dragged Australia’s largest department store chain into its second-steepest statutory loss on record despite sales reaching $4.1 billion.
Wei ZhangFashion
Myer Posts AU$276.5 Million Loss on Impairments as Solomon Lew Joins Board
Underlying profit reached AU$42.5 million as apparel brand acquisitions lifted group revenue past AU$4 billion despite large asset write-downs.
Rajiv MenonResearch
Nearly Six in 10 Australian Shoppers No Longer Buy at Full Price
A KPMG report finds consumers are reshaping the sector by timing their purchases around major sales events.
Rajiv MenonFashion
Sulwhasoo Launches in Japan with Isetan Shinjuku Pop-Up and Online Push
Amorepacific’s flagship ginseng skincare label is testing Tokyo’s premier luxury department store ahead of a multi-platform digital rollout across Amazon Japan, Qoo10, and Cosme.
Aiko TanakaGeneral
Hyundai Department Store to Open 10 Overseas Multi-Brand Stores by 2030
The South Korean retail giant launches a permanent store in Tokyo as it builds a global multi-brand platform for domestic apparel labels.
Maria SantosFashion
David Jones Shares Jump 12.3 Percent on Mystery UK Takeover Offer
The unsolicited approach from an unnamed British entity also lifted shares in rival Australian department store Myer by more than four percent.
Sarah ChenResearch
Malaysia Q2 Retail Sales Growth Falls Short as Spending Tightens
Persistent cost of living pressures led households to curb discretionary purchases, catching shopping mall and high street operators off guard.
Sarah ChenFood
Harrods Develops Bespoke Collaboration with Hong Kong Brand Silk
The London retailer sent its global marketing team to Hong Kong in September 2026 to bring local bubble tea into premium lifestyle culture.
Rajiv MenonResearch
Australian Retail Health Index Drops to Negative 1.07 as Insolvencies Rise
A quarterly fall of 11.4 per cent in consumer sentiment pushed 254 Australian retailers into insolvency as job vacancies dropped.
Rajiv MenonReal Estate
SingLand to Shut Marina Square for 360,000-Sqm Mixed-Use Rebuild
The 1986 shopping centre will close on March 31 to make way for three towers featuring luxury residences, offices, and a 304-room hotel slated for completion in 2031.
Rajiv MenonResearch
Singapore Retail Sales Growth Slows to 1.5% in July as Luxury Holds Firm
Singapore retail sales excluding motor vehicles reached SG$3.7 billion in July as sporting goods and jewellery offset drops in grocery and department stores.
Maria SantosResearch
Japan Retail Sales Rise 4.0% in July as Department Stores Beat Formats
Department store revenue climbed 4.3 per cent even as nationwide apparel sales dropped 6.6 per cent during the month.
Maria SantosGeneral
Central Retail First-Half Profit Jumps 35% to $155 Million
A 6.1 per cent lift in food sales and a 110-basis-point gross margin expansion offset falling hardlines revenue across Thailand and Vietnam.
Maria SantosFashion
Kering Redirects up to €300 Million to Asia as Regional Sales Grow 12 per Cent
Yves Saint Laurent led regional expansion with 30 per cent annual gains while Gucci saw its revenue share across the group drop to 48 per cent.
Maria SantosGeneral
Hong Kong Retail Sales Rise 4.5 per Cent to HK$31 Billion in July
Online shopping reached HK$2.8 billion during the month as jewellery and watch sales led gains across the territory.
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